R&D & Capex Spends by 2 optical fiber companies.

Separating facts from fiction.
Both the managements are gung ho about the investments they have made in 5G products & development of an R&D focused culture.

Numbers reflect that in only STL’s books, however, the revenues from new products haven’t started flowing in.
Their market cap is similar.

Their Operating cashflows aren't.
Patents under the Top 2 optical fiber companies.

No mention of patents by HFCL in ARs or concalls.

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